🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
The SEC will approve multiple alts ETFs, and October may bring a significant turning point for the crypto market.
[Block Rhythm] On September 29, as the U.S. Securities and Exchange Commission (SEC) is about to make decisions on 16 encryption ETFs, October will be a "key moment for spot encryption ETFs." These ETFs involve various major altcoins, including Solana, XRP, LTC, and DOGE, with their final deadlines spread throughout October. The first to be approved is the Canary LTC ETF, with a deadline of October 2, followed by Grayscale's Solana and LTC trust conversions, dated October 10, and finally WisdomTree's XRP fund, dated October 24. According to the upcoming approval list created by Bloomberg ETF analyst James Seyffart, decisions may be made at any time before the final deadlines.
An analyst from a trading platform predicted in August that the approval of crypto ETFs could trigger a new season or rebound for alts, providing traditional investors with more exposure to crypto investments.